A new report shows households have paid $27,427 more because of inflation since January 2021. The average household in the state is spending $1,074 more per month to buy the same goods and services as in 2021, according to a July report from the U.S. Congress Joint Economic Committee.

To have the same standard of living as in 2021, a family in Georgia is spending $175 more per month. Georgia ranks 28th in the nation for increased monthly inflation costs.

Families in the state have experienced a 22% increase in cumulative inflation since January 2021, putting Georgia 1.5% higher than the national average.

Food, shelter, energy and transportation expenses are all up in Georgia.

Compared to 2021, the average household in Georgia is spending, per month, $125 more on food, $265 more on shelter, $125 more on energy, and $277 more on transportation. In the past year, housing saw the biggest increase at $57 more per month.  That’s in line with other states across the nation.